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Arizona Lithium Limited ( (AU:PL9) ) has issued an announcement.
Prairie Lithium Limited has commenced construction of a lithium extraction facility at Pad #1, which is expected to become the largest known Direct Lithium Extraction (DLE) facility in North America. The project, which includes the installation of four commercial-scale lithium extraction columns, is strategically significant due to the global demand for lithium. The company is engaged in multiple offtake discussions with partners in North America and Asia, highlighting the project’s importance and the high-quality resource it offers.
More about Arizona Lithium Limited
Prairie Lithium Limited is a company focused on the sustainable development of the Prairie Lithium Project located in the Williston Basin of Saskatchewan, Canada. The project is situated in a mining-friendly jurisdiction with access to key infrastructure such as electricity, natural gas, fresh water, paved highways, and railroads. The company aims to maintain strong environmental credentials by minimizing freshwater use, land disturbance, and waste.
Technical Sentiment Signal: Sell
Current Market Cap: A$37.66M
For a thorough assessment of PL9 stock, go to TipRanks’ Stock Analysis page.